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<p>[QUOTE=&quot;GSDykes, post: 3966205, member: 73321&quot;]The following extract is from:</p><p><br /></p><p><a href="http://rg.ancients.info/guide/prices.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rg.ancients.info/guide/prices.html" rel="nofollow">http://rg.ancients.info/guide/prices.html&nbsp; </a></p><p>circa 2013</p><p><br /></p><p>GREYSHEET</p><p><br /></p><p>Officially called the Coin Dealer Newsletter, this is a pricey subscription periodical, costing $98 per year (you can buy the current issue for $4). It&#039;s the most commonly used price guide by dealers in setting their own prices, and though it contains wholesale prices, it&#039;s a good choice for savvy collectors too. The prices are based on coins graded according to industry standards &quot;as exemplified by PCGS and NGC,&quot; though pricing for properly graded raw coins is considered too in the compilation of its figures.</p><p><br /></p><p>Greysheet &quot;bid&quot; is the amount that dealers are typically willing to pay other dealers for a coin. Greysheet &quot;ask&quot; is the price dealers typically ask other dealers for a coin, which is higher. For collectors, one rule of thumb is to add 25 to 75 percent to Greysheet bid when you&#039;re buying and to subtract 10 to 40 percent from bid when selling.</p><p><br /></p><p>The Bluesheet, officially called the Certified Coin Dealer Newsletter, includes bid prices for &quot;sight-unseen&quot; slabbed coins. These prices are lower than prices in the Greysheet.</p><p><br /></p><p><br /></p><p><span style="color: #00b300">The Greysheet&#039;s biggest weakness</span> is that it ignores the current state of the grading services. It ranks some of the services in terms of how the market values coins in their slabs. But it fails to rank SEGS, ACG, and NTC, three grading services that have a significant market presence. And it ranks two grading services with virtually no market presence, INS (International Numismatic Society Authentication Bureau), which folded around 1992, and NCI (Numismatic Certification Institute), which folded around 1988. Whether deserved or not, this creates an aura of unreliability over all of its data.</p><p><br /></p><p><a href="https://www.ha.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ha.com/" rel="nofollow">https://www.ha.com/</a></p><p>About Heritage&#039;s Value Index</p><p><br /></p><p>You have to register to access this information, but registration is free. The prices are based on wholesale and auction transactions for PCGS and NGC certified coins, which encompasses not only Heritage auctions but other observations of the marketplace.</p><p><br /></p><p>Impressively, pricing is given for a wide range of grades and include a range rather than a single value. With Morgan dollars, for instance, prices are included for forty different grades: P-1, FR-2, AG-3, G-4, G-6, VG-8, VG-10, F-12, F-15, VF-20, VF-25, VF-30, VF-35, XF-40, XF-45, AU-50, AU-53, AU-55, AU-58, MS-60, MS-61, MS-62, MS-63, MS-64, MS-65, MS-66, MS-67, MS-68, MS-69, MS-70, PR-61, PR-62, PR-63, PR-64, PR-65, PR-66, PR-67, PR-68, PR-69, and PR-70.</p><p><br /></p><p>You can also use the site to search for individual auction results. [END OF EXTRACT]</p><p><br /></p><p>I could go on and on. Retail verses wholesale (or prices of slabs between dealers). But the bottom line is:</p><p><br /></p><p>If you like the coin buy it at a price <span style="color: #b30000">you deem fair,</span> (this is where education enters in) I have often paid high retail for a coin I wanted, price was not the number one issue. Also sell for what you can get, and yes EBAY sales can be poor guides as numerous coins there have hidden flaws, or offered by greedy souls, (not to demean those sellers with integrity!!).</p><p>Again my purpose herein is to illustrate some of the values attached to certain high grade modern US coins, as some folks see absolutely no value amongst modern (post 1964) US coinage, they also may consider the poor designs, the lack of precious metals, and the billions minted - as a bane to the collecting hobby. I see some value there, and wish to encourage young collectors, and revive collecting interest for some of these rarities, in high grade. There are some valuable coins out there, perhaps even in your pocket!</p><p><br /></p><p>Hope this clarifies,</p><p>Gary in Washington[/QUOTE]</p><p><br /></p>

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